NEWS
The UK's Gambling Commission recently published a paper related to its policy position on betting integrity.
The Commission originally published a paper on its approach to integrity in sportsbetting back in 2007 and what followed was a public consultation.
Here are some excerpts from the most recent report.
"Since then the Commission has worked with sports governing bodies, the betting industry and others concerned with integrity in betting, such as the police, to develop our approach. We also consulted on an issues paper on in-running betting which invited views on the risks that posed for betting integrity," the UK Gambling Commission said.
The paper gave a recap of the Commission's work to date and gives its policy betting integrity.
" . . . the Commission’s approach is to work with the sporting bodies, licensed betting operators and others to strengthen the deterrents to corruption in betting by making it more likely that those involved can be identified and appropriate sanctions imposed," the paper said.
"That process itself will help clarify the extent of any lack of integrity in betting and the need, if any, for further regulatory action. Such regulatory action could be in relation to more disclosure about, or restrictions on, types of bets, or on rules relating to use of 'inside' information or on who may bet on what."
"The Commission has dedicated a cross-functional betting integrity team to this work, with expertise that covers the whole of the regulatory process, from licensing through to enforcement and prosecution."
Since October 2007 the Commission’s work in relation to betting integrity has focused on six main areas:
-work with sports governing bodies and operators,
-sports governing bodies' rules,
-information sharing,
-specific bets and terms and conditions,
-investigation and prosecution and
-in-running betting.
For the complete report, go here.